10 applications for those who manage the business: planners, audio books, finance
This application is different from the usual WhatsApp messenger and is designed specifically for entrepreneurs. Here you can add account information, work email address or your store address. To communicate…

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Side effects of entrepreneurial status
Entrepreneurs are not former - there are only not identified "On the direction of the review of judicial practice in disputes related to the qualification of the activities of individuals…

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Purchasing link in a group of companies: is it necessary?
At a time when it was impossible to be 100% sure that suppliers were honest, that they would fulfill their tax obligations and not “disappear” by the time of the…

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financial director

We include employees in co-owners – how not to harm yourself?

Sooner or later, any business is faced with the need to change its operational manager. The founding owners eventually move away from solving current issues, giving way to hired, young and daring managers. Often, to create additional motivation, this process is accompanied by the allocation of managers stakes in the company.

From the point of view of increasing the involvement and interest of a manager in a business, this is certainly the right step. However, trusting hired directors to resolve operational issues, it is necessary to retain the ability at any time to reverse the transfer of authority and ownership. After all, no one guarantees that having received a share in the business, the new co-owner will not decide to go to work somewhere else.

We show by a real example how the dependence of ownership of shares on the fulfillment of an employee’s labor function in one of our projects was ensured. Important: inclusion in co-owners was due to participation in management. Accordingly, when an employee is dismissed from the company, there must be grounds for depriving him of his share. Continue reading

What is offshore, onshore and midshore?
If you have ever created a business on your own, from the zero cycle, then you probably took into account the different possibilities for the place of registration. This usually…

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We fix the agreement of the owners to exit the business and sell it to third parties
Any questions regarding the conditions for participating in the business, including the possibility of leaving the business, selling a share or a business as a whole, should be discussed at…

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12 errors in working with spreadsheets, resulting in catastrophic losses
A ranking of the largest errors in working with spreadsheets has been compiled, because of which companies suffered huge losses. The list includes both financial institutions and private enterprises from…

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Russian offshore myths
What you need to know about offshore in order to protect your assets and increase them: we reveal the myths of offshore legislation and recommend what needs to be done…

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